JPMorgan (NYSE: JPM) wealth CEO Mary Erdoes granted 29,364 RSUs

Rhea-AI Filing Summary

JPMorgan Chase executive Mary Erdoes received a new equity grant of 29,364 restricted stock units (RSUs) on January 20, 2026. The award reflects 50% of her equity-based incentive compensation for performance year 2025, with the remaining 50% in performance share units. Each RSU represents a contingent right to receive one share of JPMorgan Chase common stock at no purchase price.

The RSUs vest in two equal installments, with 50% vesting on January 13, 2028 and 50% on January 13, 2029. These equity incentives are subject to the firm’s bonus recoupment policy, 2026 recapture provisions that allow cancellation or recovery of certain stock, and additional protection-based vesting provisions for Operating Committee members that can also lead to cancellation, subject to board committee ratification.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Erdoes Mary E.

(Last) (First) (Middle)

270 PARK AVENUE

(Street)

NEW YORK NY 10017-2014

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JPMORGAN CHASE & CO [ JPM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO Asset & Wealth Management

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(1)	(2)	01/20/2026		A(3)		29,364		(4)	01/13/2029	Common Stock	29,364	$0.0000	29,364	D

Explanation of Responses:

1. Consistent with last year, Restricted Stock Units (RSUs) represent 50% of the Reporting Person's equity-based incentive compensation for performance year 2025, with the remaining 50% awarded in the form of Performance Share Units (PSUs).

2. Each RSU represents a contingent right to receive one share of JPMC common stock.

3. Equity incentives are subject to the JPMorgan Chase Bonus Recoupment Policy which applies in the event of a material restatement of the Firm's financial statements. In addition, all equity awards granted in 2026 contain recapture provisions that enable the Firm to cancel outstanding awards and/or recover the value of certain stock distributed under the award in specified circumstances. In addition to recapture provisions, portions of equity awards granted to Operating Committee members are also subject to additional Protection-Based Vesting provisions under which awards may be cancelled, any determination with respect to which is subject to ratification by the Compensation & Management Development Committee of the Board of Directors.

4. RSUs vest 50% on January 13, 2028 and 50% on January 13, 2029.

	/s/ Holly Youngwood under POA	01/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What equity award did JPM (JPMorgan Chase) executive Mary Erdoes receive?

Mary Erdoes, CEO of Asset & Wealth Management at JPMorgan Chase, received 29,364 restricted stock units (RSUs) on January 20, 2026 as part of her equity incentive compensation.

How do Mary Erdoes’s new JPM RSUs vest?

The 29,364 RSUs granted to Mary Erdoes vest in two equal tranches: 50% on January 13, 2028 and 50% on January 13, 2029.

What does each RSU granted to Mary Erdoes by JPM represent?

Each RSU represents a contingent right to receive one share of JPMorgan Chase common stock, with a stated price per unit of $0.0000.

How is Mary Erdoes’s 2025 JPM equity incentive compensation structured?

For performance year 2025, 50% of Mary Erdoes’s equity-based incentive compensation is in RSUs, and the remaining 50% is in Performance Share Units (PSUs).

Are Mary Erdoes’s JPM RSUs subject to clawback or recoupment provisions?

Yes. The RSUs are subject to the JPMorgan Chase Bonus Recoupment Policy, 2026 recapture provisions allowing cancellation or recovery of certain stock, and additional Protection-Based Vesting provisions for Operating Committee members that may lead to cancellation, subject to Compensation & Management Development Committee ratification.

How many JPM derivative securities does Mary Erdoes hold after this RSU grant?

Following this reported transaction, Mary Erdoes beneficially owns 29,364 restricted stock units directly.